a16z: Stablecoins are evolving into global financial infrastructure, with transaction volume expected to reach $4.5 trillion in Q1 2026.

CoinFeed reported on April 25th that a new report from a16z indicates that stablecoins have successfully transitioned from cryptocurrency transaction settlement and store-of-value tools to global financial infrastructure. Their application focus is shifting from cross-border payments to local payments, with significantly accelerated penetration in markets such as Asia and Brazil. Key data includes: 1. Transaction Volume: Following the implementation of the GENIUS Act, Q1 adjusted transaction volume reached $4.5 trillion; 2. C2B Payments: Consumer-to-merchant transactions increased by 128% year-on-year, reaching 284.6 million transactions; 3. Stablecoin Cards: Monthly collateralized deposits increased from nearly zero at the end of 2024 to over $300 million, indicating rapid expansion of payment scenarios; 4. Circulation Efficiency: Circulation velocity increased from 2.6 times at the beginning of 2024 to 6 times, signifying a shift from "holding" to "high-frequency use."